KEEP IT SIMPLE questions
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Mountain Pass
Joined: Nov 2005
Posts: 244
Likes: 2
KEEP IT SIMPLE questions
Have a few questions about some vehicle pricing. My dealer has a 06 F-150 Lariat on order, in fact is being built this week. I can buy it as I have other vehicles here, for $300 over invoice. They gave me a copy of the order confirmation that shows both RETAIL and INVOICE prices. This vehicle, including transportation has a RETAIL price of $39,315 and a INVOICE price of $35189. After this, I would receive the $2500 cash back and will finance a minimum amout to get the $1000 Credit cash back and then pay it off. This would put the price of the truck at $31,989 after adding the $300 bucks and substracting the $3500 in incentivites.
1st question, only on the INVOICE column, there is a $406 fee for something labeled FDAF ASSESMENT. My dealer says this if added by Ford Motor for advertising and they (the dealer) have nothing to do with this. Is this correct?
2nd question, This KEEP IT SIMPLE by Ford, is this on all vehicles at each dealership and would the Special Pricing program be about equal to the same deal I'm getting on this vehicle? Thanks for any info from you all.
Dan Stuckey
1st question, only on the INVOICE column, there is a $406 fee for something labeled FDAF ASSESMENT. My dealer says this if added by Ford Motor for advertising and they (the dealer) have nothing to do with this. Is this correct?
2nd question, This KEEP IT SIMPLE by Ford, is this on all vehicles at each dealership and would the Special Pricing program be about equal to the same deal I'm getting on this vehicle? Thanks for any info from you all.
Dan Stuckey
Lead Driver
Joined: Apr 2002
Posts: 7,746
Likes: 7
From: Tampa Bay, FL USA
I have to assume your dealer, like 99.99% of the others in the country, is on the "Keep It Simple" program (it is voluntary, but as soon as they sell one on the K.I.S. program, they must sell ALL of them at that price). So, right now invoice and FDAF fees and all the other stuff mean nothing. K.I.S. price is X-Plan Supplier price (which is stated on the invoice) + $100. X-Plan is usually very close to invoice, so let's say it's $35170. Your price would be $35270, less the $3500 in rebates for a net cost of $31770.
There's a form that the dealer fills out and you will sign stating that you're buying the truck for X-Plan plus $100. If he tries to tell you it's still invoice plus $300, then it's time to find another dealer.
There's a form that the dealer fills out and you will sign stating that you're buying the truck for X-Plan plus $100. If he tries to tell you it's still invoice plus $300, then it's time to find another dealer.
Lead Driver
Joined: Apr 2002
Posts: 7,746
Likes: 7
From: Tampa Bay, FL USA
No, the FDAF fees are figured into X-Plan just like other prices, but the Keep It Simple program is X-Plan plus $100, so it really doesn't matter if the FDAF is $40 or $400; it doesn't affect the K.I.S. price.
